L3VLUP
Quarter end
31 Dec 2025
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 22 Jan 2026
Managers listing it
30
at least, of 95 tracked, among listed positions
Comparable managers
92
filed both Q3 2025 and Q4 2025; 12 listed it in both
Shares listed
23,720,617
combined, among listed positions
Reported value
$2.1bn
combined, at the quarter end

Among the 92 comparable managers: 15 buyers (opened or added shares) and 19 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was -2,198,217.

Managers listing BJ in Q4 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

30 of 30 holders

ActionFiling
Fidelity (FMR LLC)7,844,341$706munder 0.1%Trimmed-309,07617 Feb 2026 (the filing on sec.gov)
MFS Investment Management3,456,003$311m0.10%Trimmed-1,335,59922 Jan 2026 (the filing on sec.gov)
Wellington Management Group LLP3,452,562$311m0.05%Added+179,72317 Feb 2026 (the filing on sec.gov)
Invesco Ltd1,817,247$164munder 0.1%Added+130,53119 Feb 2026 (the filing on sec.gov)
AllianceBernstein LP1,493,878$134munder 0.1%Trimmed-29,23717 Feb 2026 (the filing on sec.gov)
Marshall Wace LLP867,105$78m0.07%Added+506,28713 Feb 2026 (the filing on sec.gov)
D. E. Shaw & Co.810,196$73munder 0.1%Added+408,51317 Feb 2026 (the filing on sec.gov)
Millennium Management LLC582,938$52munder 0.1%Added+217,02117 Feb 2026 (the filing on sec.gov)
Arrowstreet Capital LP519,211$47munder 0.1%Trimmed-54,84013 Feb 2026 (the filing on sec.gov)
Voloridge Investment Management LLC481,797$43m0.15%Added+145,31817 Feb 2026 (the filing on sec.gov)
T. Rowe Price Associates Inc412,205$37munder 0.1%Added+30,17917 Feb 2026 (the filing on sec.gov)
Neuberger Berman Group LLC247,562$22munder 0.1%Added+81227 Oct 2026 (the filing on sec.gov)
AQR Capital Management LLC234,997$21munder 0.1%Added+68,86217 Feb 2026 (the filing on sec.gov)
Squarepoint Ops LLC207,367$19munder 0.1%Trimmed-593,43213 Feb 2026 (the filing on sec.gov)
Renaissance Technologies LLC193,600$17munder 0.1%Trimmed-367,15412 Feb 2026 (the filing on sec.gov)
Janus Henderson Group Ltd175,575$16munder 0.1%Added+31,71617 Feb 2026 (the filing on sec.gov)
Man Group PLC170,351$15munder 0.1%Trimmed-249,40217 Feb 2026 (the filing on sec.gov)
Walleye Capital LLC168,613$15munder 0.1%Added+168,37713 Feb 2026 (the filing on sec.gov)
Jane Street Group LLC139,431$13munder 0.1%Trimmed-103,53312 Feb 2026 (the filing on sec.gov)
Verition Fund Management LLC84,291$7.6munder 0.1%Trimmed-102,06113 Feb 2026 (the filing on sec.gov)
Two Sigma Investments LP69,759$6.3munder 0.1%Trimmed-116,16317 Feb 2026 (the filing on sec.gov)
Bridgewater Associates LP60,401$5.4munder 0.1%Trimmed-4,01313 Feb 2026 (the filing on sec.gov)
Susquehanna International Group LLP57,086$5.1munder 0.1%Trimmed-133,24817 Feb 2026 (the filing on sec.gov)
Citadel Advisors LLC49,677$4.5munder 0.1%Trimmed-213,73617 Feb 2026 (the filing on sec.gov)
ExodusPoint Capital Management LP42,669$3.8munder 0.1%Newnew17 Feb 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q3 2025 to Q4 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
11 in Q3 2024 to 14 in Q2 2026

Tracked managers listing it, at least.

0510152020192020202120222023202420252026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BJ by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20187$88mn.a.n.a.
Q3 201814$668mn.a.n.a.
Q4 20184$582mn.a.n.a.
Q1 20198$718mn.a.n.a.
Q2 20197$780mn.a.n.a.
Q3 20197$639mn.a.n.a.
Q4 20193$547mn.a.n.a.
Q1 202010$676mn.a.n.a.
Q2 202012$767mn.a.n.a.
Q3 202013$881mn.a.n.a.
Q4 202010$603mn.a.n.a.
Q1 20215$855mn.a.n.a.
Q2 20214$1.1bnn.a.n.a.
Q3 20215$1.2bnn.a.n.a.
Q4 20218$1.4bnn.a.n.a.
Q1 202211$1.4bnn.a.n.a.
Q2 202216$1.5bnn.a.n.a.
Q3 202218$1.6bnn.a.n.a.
Q4 202217$668mn.a.n.a.
Q1 202318$1.1bnn.a.n.a.
Q2 202310$1.1bnn.a.n.a.
Q3 202312$1.6bnn.a.n.a.
Q4 202312$1.6bn67
Q1 202412$1.5bn76
Q2 202414$1.8bn77
Q3 202411$1.6bn76
Q4 202415$2.0bn115
Q1 202511$2.4bn84
Q2 202517$2.6bn116
Q3 202515$2.0bn114
Q4 202510$1.6bn1519
Q1 20268$1.6bn923
Q2 202614$2.1bn1912

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

BJ and PM →BJ and KO →BJ and COST →Choose a stock to compare with BJ →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own BJ, latest filings →Back to the 13F Explorer →